Layoffs
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Microsoft Launches First-Ever Voluntary Buyout Program in Its 51-Year History
Microsoft is offering voluntary departures with compensation to about 7% of its U.S. workforce — the first such program in the company's 51-year history. Meanwhile, the tech giant expanded Copilot AI features across Office apps.
Meta Deploys Keystroke-Tracking Software on Employee Computers to Train AI Agents
Meta is installing software on US employees' computers that records mouse movements, clicks, and keystrokes. The collected data feeds into the company's AI agent training pipeline.
StarkWare Lays Off Staff and Splits Into Two Business Units
Starknet developer StarkWare announced workforce reductions and a major restructuring into two divisions as network revenue plummeted from $6M to $48K per month.
Oracle Lays Off Thousands as AI Infrastructure Spending Reshapes Tech Workforce
Oracle has begun mass layoffs affecting thousands of employees worldwide as the company redirects resources toward AI infrastructure. Meanwhile, Block CEO Jack Dorsey envisions AI replacing middle management entirely.
Algorand Cuts 25% of Staff, Crypto.com Lays Off 180 in AI Pivot
Algorand Foundation lays off 25% of its workforce citing macro uncertainty, while Crypto.com eliminates 180 jobs to integrate AI. Meanwhile, Jack Dorsey's Block is quietly rehiring employees it just let go.
Messari Appoints New CEO Diran Li Amid Fresh Layoffs and AI Strategy Pivot
Crypto analytics firm Messari replaced CEO Eric Turner with long-time CTO Diran Li, while laying off an undisclosed number of employees as part of a strategic shift toward AI-powered products.
OP Labs Cuts 20% of Staff as Base Moves to Its Own Architecture
Optimism developer OP Labs laid off 20 employees to streamline operations. The move follows Base's departure from OP Stack and a 36.7% drop in the OP token over the past month.
Block Shares Surge 20% After Jack Dorsey Cuts Nearly 4,000 Jobs in AI Pivot
Jack Dorsey announced Block will slash its workforce from over 10,000 to under 6,000 as the company shifts to an AI-first structure. Shares jumped over 20% in after-hours trading.
Gemini Exchange Faces Crisis After IPO Amid Crypto Market Turmoil
Gemini exchange lost 85% of its market cap post-IPO, cut 25% of staff, and exited three regions. What went wrong for the Winklevoss empire?
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